Blockchain News

Attention to Shiba Inu Heats Up as Shibarium Launch Looms

A strong January for the entire Shiba Inu community so far! See what the highlights from this month!

Shiba Inu Transactions Increase Before Shibarium

The Shiba Inu community is taking action following recent news from the team that the Shibarium Layer-2 Public Beta Testnet is imminent.

Key highlights from the Shiba Inu community in January:

  • Shiba Inu publishes “Introduction to Shibarium” on Jan. 15.
  • SHIB token is up 47 % in January, per CoinGecko.
  • BONE token - Shabirum native token - is also up 50% in January, per CoinGecko.
  • Trading volume for $SHIB is up 50% in January, per CoinMarketCap.
  • Over 400% increase in burned tokens via the Shibburn between January 30-31.
  • Binance Pay increases reach to over 9,000 merchants globally who accept $SHIB.
  • Whale transactions hit over 620 daily tx of $100k or more on Jan. 18, per Into The Block. Also peaked over 100 daily tx again on Jan. 28.
  • Reached the top “Trending” spot on CertiK, CoinMarketCap, and more.
  • Shiba Inu team invited to SXSW Festival 2023 to showcase Shibarium.

So far, no launch date for the Shibarium Layer-2 Public Beta Testnet, but it's clear that Shiba Inu is attracting attention in the January bull-run.

Shiba Inu has also been trending on several popular coin trackers and resources. The token has been generating enough buzz to trend on CoinMarketCap, CertiK, and more.

What is Shiba Token:

Shiba Token (SHIB) is home to the Shiba Inu Ecosystem, an interconnected family of digital assets and solutions built on the Ethereum blockchain. Its tokens include $SHIB, $LEASH, and $BONE, plus native SHIBOSHIs NFTs. SHIB solutions include SHIB: The Metaverse and the ShibaSwap DEX. SHIB, a world-leading decentralized finance (DeFi) cryptocurrency, has gained popularity among millions of investors worldwide. It has 3.6 million Twitter followers and is frequently ranked as the third most searched project by Google. The Shibarium Layer 2 blockchain enables SHIB to provide increased scalability, security and innovation.

Where to find Shiba Inu:

Website | Twitter | Telegram | Discord |

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